Live and Invest Overseas
FREE REPORT: THE BEST PLACES TO RETIRE IN 2025
We Value Your Privacy! We will not share your email address with anyone else, period.
  • Home
  • Countries

    Top Destinations:

    Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

    • Spain
    • Portugal
    • Panama
    • Belize
    • Colombia
    • Cyprus
    • Mexico
    • France
    • Montenegro
    • Browse All Countries

    Best For:

    • The Best Places To Retire
    • Health Care Abroad
    • Cost Of Living
    • Investing in Real Estate
    • Establishing Residency
    • Gun Laws In The World
    • English-Speaking Countries
    • Safest Places For Retirement
    • Best Places In Latin America
  • Budgets

    How Much Will It Cost You To Live Overseas?

    The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

    Super Cheap

    • Chitré, Panama
    • Santa Marta, Colombia
    • Phuket, Thailand
    • Dumaguete, The Philippines

    Cheap

    • Medellin, Colombia
    • Boquete, Panama
    • Kyrenia, Cyprus
    • Hua Hin, Thailand
    • The Algarve, Portugal

    Affordable

    • Valencia, Spain
    • Cascais, Portugal
    • Las Terrenas, The DR
    • Pisa, Italy
    • La Rochelle, France
    • Mazatlán, Mexico

    Luxury

    • Ambergris Caye, Belize
    • Kotor, Montenegro
    • The Panama City Beaches
    • Paris, France
  • Resources

    Global Living

    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore & Diversification

    Making Money

    • International Real Estate
    • Banking
    • Employment
    • Investing

    Follow Us:

    • Meet Our Experts
  • Real Estate

    Join our Weekly Newsletter
    Overseas Property Alert

    Sign up for our weekly newsletter to receive expert insights on the best international real estate investment opportunities.






      We Value Your Privacy! We will not share your email address with anyone else, period.

      Buying Real Estate For Cashflow

      • Discover tips and strategies used by global property investing veterans

      Explore Our Latest Posts

      • Learn how to invest and purchase property abroad…

      Go To The Overseas Property Alert Site

      • How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams
    • Conferences

      Upcoming Events

      • Explore Our Events Site

      Live and Invest In Spain Conference

      Offshore Wealth Summit

      Greece Workshop

      VALENCIA, SPAIN

      Sep. 17-19, 2025

      PANAMA CITY, PANAMA

      Oct. 15-17, 2025

      VIRTUAL

      Nov. 13, 2025

      LEARN MORE
      DISCOUNT
      LEARN MORE
      PRE-REGISTER
      LEARN MORE
      PRE-REGISTER
      • MORE EVENTS

      Contact Our Events Team

      Toll-Free U.S. and Canada:
      1 (888) 627 8834
      From Outside North America:
      1 (443) 599 1221
      Working Hours
      Monday – Friday 08:00 am – 17:00 pm EST.

      Reach us with your questions by email at: events@liveandinvestoverseas.com

    • Store

      Unlock The World

      • Access Your Library

      Overseas Havens Reports

      • Expats' comprehensive destination guides

      Conference Kits

      • Hours of coverage  from our latests conferences

      Lahardan Books

      • Titles on living and investing around the world
      • Explore Our Store
      Your passport to a life well-lived abroad

      Services

      overseas living letter offers affordable retirement guidance
      The Simon Letter Wealth Protection Insights
      Global Property Advisor Global Investment Opportunities

      Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

    • My Library
    Live and Invest Overseas
    • Home
    • Countries

      Top Destinations:

      Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

      • Spain
      • Portugal
      • Panama
      • Belize
      • Colombia
      • Cyprus
      • Mexico
      • France
      • Montenegro
      • Browse All Countries

      Best For:

      • The Best Places To Retire
      • Health Care Abroad
      • Cost Of Living
      • Investing in Real Estate
      • Establishing Residency
      • Gun Laws In The World
      • English-Speaking Countries
      • Safest Places For Retirement
      • Best Places In Latin America
    • Budgets

      How Much Will It Cost You To Live Overseas?

      The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

      Super Cheap

      • Chitré, Panama
      • Santa Marta, Colombia
      • Phuket, Thailand
      • Dumaguete, The Philippines

      Cheap

      • Medellin, Colombia
      • Boquete, Panama
      • Kyrenia, Cyprus
      • Hua Hin, Thailand
      • The Algarve, Portugal

      Affordable

      • Valencia, Spain
      • Cascais, Portugal
      • Las Terrenas, The DR
      • Pisa, Italy
      • La Rochelle, France
      • Mazatlán, Mexico

      Luxury

      • Ambergris Caye, Belize
      • Kotor, Montenegro
      • The Panama City Beaches
      • Paris, France
    • Resources

      Global Living

      • Living & Retiring Overseas
      • Raising A Family Abroad
      • Foreign Residency & Citizenship
      • Offshore & Diversification

      Making Money

      • International Real Estate
      • Banking
      • Employment
      • Investing

      Follow Us:

      • Meet Our Experts
    • Real Estate

      Join our Weekly Newsletter
      Overseas Property Alert

      Sign up for our weekly newsletter to receive expert insights on the best international real estate investment opportunities.






        We Value Your Privacy! We will not share your email address with anyone else, period.

        Buying Real Estate For Cashflow

        • Discover tips and strategies used by global property investing veterans

        Explore Our Latest Posts

        • Learn how to invest and purchase property abroad…

        Go To The Overseas Property Alert Site

        • How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams
      • Conferences

        Upcoming Events

        • Explore Our Events Site

        Live and Invest In Spain Conference

        Offshore Wealth Summit

        Greece Workshop

        VALENCIA, SPAIN

        Sep. 17-19, 2025

        PANAMA CITY, PANAMA

        Oct. 15-17, 2025

        VIRTUAL

        Nov. 13, 2025

        LEARN MORE
        DISCOUNT
        LEARN MORE
        PRE-REGISTER
        LEARN MORE
        PRE-REGISTER
        • MORE EVENTS

        Contact Our Events Team

        Toll-Free U.S. and Canada:
        1 (888) 627 8834
        From Outside North America:
        1 (443) 599 1221
        Working Hours
        Monday – Friday 08:00 am – 17:00 pm EST.

        Reach us with your questions by email at: events@liveandinvestoverseas.com

      • Store

        Unlock The World

        • Access Your Library

        Overseas Havens Reports

        • Expats' comprehensive destination guides

        Conference Kits

        • Hours of coverage  from our latests conferences

        Lahardan Books

        • Titles on living and investing around the world
        • Explore Our Store
        Your passport to a life well-lived abroad

        Services

        overseas living letter offers affordable retirement guidance
        The Simon Letter Wealth Protection Insights
        Global Property Advisor Global Investment Opportunities

        Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

      • My Library
      Live and Invest Overseas
       Moving Out Of The U.S?

      THE 10 BEST PLACES TO RETIRE IN 2025

      the 10 best places to retire in 2025

      PLUS: A SPECIAL BONUS DESTINATION

      Simply sign up to receive the FREE daily e-letter, Overseas Opportunity Letter, and we’ll immediately email you our editors’ latest research report… absolutely FREE






        We Value Your Privacy! We will not share your email address with anyone else, period.

        Home news Lifestyle

        The Best Value For Money On The Continent

        by Sophia Titley
        Apr 29, 2024
        in Lifestyle, Montenegro
        0 0
        Montenegro view

        AdobeStock/SCStock

        Most people haven’t heard of Montenegro, and that’s OK. It’s a tiny country of about 5,300 square miles (13,800 square-kilometers), making it about the size of Connecticut. It’s also tiny in terms of population, with about 620,000 people making their home here.

        Montenegro is in Eastern Europe and Kotor Bay, a deep craggy inlet of the Adriatic Sea, is in the southwest of the country. It boasts 57 miles (107 kilometers) of sparkling coastline backed by towering mountains and dotted with a charming mix of medieval towns and luxe modern developments.

        Kotor Bay is made up of three main towns: Kotor, Tivat, and Herceg Novi. Kotor is in the southeastern corner of the bay. The jewel in its crown is Kotor Old Town, a three-sided walled city of great historical significance that’s widely regarded as the best-preserved medieval town in the Mediterranean.

        There are great reasons to live here: it has a mild climate—year-round, temperatures average between 36°F (2°C) and 88°F (31°C), a low cost of living, access to nature, diverse recreation opportunities, stunning scenery, and places to sit back and enjoy yourself (outdoor cafés overlooking the sea, rooftop bars, and so on).

        Montenegro’s government values foreign investment and wants to attract more foreign residents. It makes it easy for expats to set up life here with its turn-key residency policies.

        It continues to invest in tourism and construction… more hotel chains are establishing themselves here… cruise ships sail up to Kotor’s harbor on the daily… It’s only a matter of time before word about Montenegro spreads and Canadian and American tourists and expats start to arrive.

        The biggest objective on Montenegro’s agenda right now is joining the European Union, which it’s poised to do in the next couple of years. It became an EU candidate in 2010 and adopted the euro as its currency in 2002.

        Considering all that’s on offer, and unlike comparable destinations like Croatia, the cost of living in Montenegro is low. A couple can live comfortably here on a budget of around 2,000 euros per month.

        Prices vary from town to town, with Kotor Old Town and Tivat’s seafront drag costing the most compared to the villages scattered around the bay. You can rent a small, one- or two-bed apartment in Kotor Old Town for about 800 euros per month.

        Every real estate agent I met with told me that property prices are on the rise… but I’m willing to bet that most American and Canadian retirees would consider Kotor Bay property a steal, especially considering the proximity to the sea and deep historical significance.

        You can buy a modest, two-bedroom home, albeit one likely in need of some TLC, for as little as 50,000 euros. Inland, this price can go even lower.

        Other expenses, like utilities, are low, too… One expat quoted me 40 euros per month for electric and water… He pointed out that if you’re moving to an older property, make sure that the meters were read recently so that you’re not stuck with the previous tenant’s unpaid bill.

        If you’re taking taxis to get around, expect to spend 18 to 20 euros on the journey between Kotor Old Town and Tivat. The most I spent on transportation was 60 euros, which was the amount I paid to go from Kotor Old Town to Podgorica Airport—an hour-and-a-half drive.

        In terms of food and drink, for a meal for two at a nicer place, expect to spend 50 to 60 euros, including drinks, mains, and dessert. You can have hearty meals at local spots for much less than this; 20 to 40 euros for two. For the average breakfast, you’ll pay 10 euros or less.

        In short, Kotor Bay offers some of the best value for money on the Continent.

        Start Your New Life Overseas Today!
        Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In 2025.
        We Value Your Privacy! We will not share your email address with anyone else, period.
        Public buses and taxis operate in Kotor Bay but you really need a car to have a comfortable, well-rounded lifestyle as a resident in Kotor Bay.

        There’s tons to see in Montenegro. Many people who live on the coast have cabins in the small mountain towns, for instance. Or they head out on weekend ski trips, which involve driving a couple of hours… Your own car will facilitate all of that.

        The roads are generally good quality, but Montenegro is extremely mountainous, which translates to hairy roads and a lot of driving through tunnels. All the more reason to have your own car—to put safety in your own hands when you’re traveling around the country.

        I was surprised by how big, diverse, and active the expat community was in Kotor Bay. I had no trouble making connections. I found the best way to meet people was by joining expat Facebook groups.

        The expat community in Kotor Bay is mostly made up of Europeans as well as some North Americans. Expats love this area for its safety, its access to nature, the myriad recreation opportunities, and the diverse and interesting community.

        The downside is the lack of international-standard health care… although expats say for basic treatment, they’re happy with Montenegro’s care. Health care is free to Montenegro residents, but many expats prefer to keep a private insurance plan in place for access to private clinics and quicker treatment.

        Montenegro is largely undiscovered by mainstream Western tourism. Those who find their way here enjoy the benefits of an undeveloped tourism market (and the resulting non-tourist prices).

        You might think this relative isolation would add up to a low level of English… but I was surprised by the fluency of the locals. I had no trouble speaking to waiters, real estate agents, taxi drivers, shop attendants, and so on.

        Americans and Canadians can come to Montenegro visa-free and stay for 90 days within a 180-day period. For longer stays, you’ll need to apply for a temporary residence permit.

        Montenegro offers a unique residency program, whereby you can buy real estate worth any value and be granted temporary residency. This is the best way to get residency in Montenegro.

        Announce to friends and family, “I’m moving to Kotor Bay, Montenegro,” and you’ll probably get some funny looks.

        To move here, you’ve got to be a little adventurous, a little bold, and a little open-minded… But you’ll be rewarded for that boldness…

        You’ll be among the first to arrive to a place that I believe is going to explode in popularity over coming years.

        You’ll get to enjoy stunning sea and mountain vistas every day… You’ll lower your current cost of living…

        You’ll enjoy mild temperatures year-round as well as access to untouched nature…

        You’ll be able to choose the lifestyle that suits you best among a diverse array of opportunities…

        And you’ll be making a smart move, as property and rent are still cheap and it gets you residency and potentially a backdoor to the EU…

        Sincerely,

        Sophia Titley

        Editor, Overseas Living Letter

        Tags: 'best places to retire overseas''Travel In Europe'European Unionretire in montenegro
        Share83Tweet52
        Sophia Titley

        Sophia Titley

        For Sophia Titley, home is a subjective concept. She was born in Singapore but grew up in Indonesia and Saudi Arabia… and has since lived in Canada, Spain, Colombia, and, most recently, Panama. She studied political science and Spanish at the University of British Columbia, and in her free time enjoys trying new recipes, playing soccer, and salsa dancing.

        Start Your New Life Overseas Today!
        Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on The 10 Best Places To Retire In 2025.

        We Value Your Privacy! We will not share your email address with anyone else, period.
        Our Expertise Unlocks The World

        quick links

        • Best Places To Live
        • Best Places To Retire
        • Finding A Job Overseas
        • Real Estate

        LIOS Resources

        • New To LIOS
        • Ask An Expert
        • Media Center
        • Contact Us
        • FAQs
        the 10 best places to retire in 2025
        Sign up for our free daily e-letter, Overseas Opportunity Letter, and get your FREE REPORT: The 10 Best Places To Retire Overseas In 2025






          We Value Your Privacy! We will not share your email address with anyone else, period.

          As seen in

          US Media Logos

          © 2008 – Live and Invest Overseas™ – All Rights Reserved.

          About Us / Contact Us / Privacy Policy / Terms / Unsubscribe
          Facebook-f X-twitter Youtube Linkedin-in Instagram

          Welcome Back!

          Login to your account below

          Forgotten Password?

          Retrieve your password

          Please enter your username or email address to reset your password.

          Log In
          HOME

          Top Countries

          • Spain
          • Portugal
          • Panama
          • Belize
          • Colombia
          • Cyprus
          • Mexico
          • France
          • Montenegro

          Best For:

          • Health Care Abroad
          • Retirement Living
          • Cost Of Living
          • Investing in Real Estate
          • Establishing Residency
          • Gun Ownership
          • English Speakers
          • Safety
          BROWSE ALL COUNTRIES

          Budgets

          How Much Will It Cost
          To Live Overseas?

          Super Cheap

          • Chitré, Panama
          • Santa Marta, Colombia
          • Phuket, Thailand
          • Dumaguete, The Philippines

          Cheap

          • Medellin, Colombia
          • Boquete, Panama
          • Kyrenia, Cyprus
          • Hua Hin, Thailand
          • The Algarve, Portugal

          Affordable

          • Valencia, Spain
          • Cascais, Portugal
          • Las Terrenas, The DR
          • Pisa, Italy
          • La Rochelle, France
          • Mazatlán, Mexico

          Luxury

          • Ambergris Caye, Belize
          • Kotor, Montenegro
          • The Panama City Beaches
          • Paris, France

          Resources

          Global Living

          • Living & Retiring Overseas
          • Raising A Family Abroad
          • Foreign Residency & Citizenship
          • Offshore & Diversification

          Making Money

          • International Real Estate
          • Banking
          • Employment
          • Investing
          Meet Our Experts

          Real Estate

          Overseas Property Alert 

           

          How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams

          VISIT SITE

          Buying Real Estate For Cashflow

           

          Discover tips and strategies used by global property investing veterans

          READ MORE

          Explore Our Latest Posts

           

          Learn how to invest and purchase property abroad…

          EXPLORE

          Conferences

          Live and Invest In Spain Conference

          VALENCIA, SPAIN Sep. 17-19, 2025
          LEARN MORE
          DISCOUNT

          Offshore Wealth Summit

          PANAMA CITY, PANAMA Oct. 15-17, 2025
          LEARN MORE
          PRE-REGISTER

          GREECE WORKSHOP

          VIRTUAL Nov. 13, 2025
          LEARN MORE
          PRE-REGISTER
          MORE EVENTS

          Contact Our Events Team:

          Toll-Free U.S. and Canada:
          1 (888) 627 8834

          From Outside North America:
          1 (443) 599 1221

          Working Hours
          Monday – Friday 08:00 am – 17:00 pm EST.

          Reach us with your questions by email at: events@liveandinvestoverseas.com

          Store

          Overseas Havens Reports

          • Expats' comprehensive destination guides

          Conference Kits

          • Hours of coverage  from our latests conferences

          Lahardan Books

          • Titles on living and investing around the world

          Services

          • Overseas Living Letter: Affordable Retirement Guidance
          • The Simon Letter: Wealth Protection Insights
          • Global Property Advisor: Global Investment Opportunitites
          VISIT OUR STORE

          Free Report

          THE 10 BEST PLACES TO RETIRE IN 2025

          FREE REPORT: The 10 Best Places To retire in 2025

          Sign up to receive the FREE daily e-letter, Overseas Opportunity Letter and we’ll immediately email you our editors’ latest research report…






            We Value Your Privacy! We will not share your email address with anyone else, period.

            LIBRARY

            Follow Us:

            © 2008 - Live and Invest Overseas - All Rights Reserved.

            RETIRE OVERSEAS AND LIVE LIKE ROYALTY

            Sign up for FREE to learn how. Plus, check out our FREE report on THE 10 BEST PLACES TO RETIRE


            We Value Your Privacy! We will not share your email address with anyone else, period.

            RETIRE OVERSEAS AND LIVE LIKE ROYALTY

            Sign up for FREE and learn how to live the good life on a modest budget, find bargain property, and more. Plus, check out our free report on the 10 BEST PLACES TO RETIRE.

            We Value Your Privacy! We will not share your email address with anyone else, period.